Question
You have an opportunity to invest $49,600 now in return for $59,300 in one year. If your cost of capital is 8.2%, what is
You have an opportunity to invest $49,600 now in return for $59,300 in one year. If your cost of capital is 8.2%, what is the NPV of this investment? The NPV will be $ (Round to the nearest cent)
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Fundamentals of Corporate Finance
Authors: Berk, DeMarzo, Harford
2nd edition
132148234, 978-0132148238
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